Audit Committee

The Board of Governors has established an Audit Committee, largely but not exclusively from its membership, to ensure expert, detailed and objective scrutiny of the financial accounting, budgeting and financial control processes of the Company, and to report on the effectiveness of these to the Board of Governors.  The Audit Committee is Chaired by an Independent Non-Executive Director (NED) and within its membership has an individual with relevant and up to date financial knowledge and qualifications.